[an error occurred while processing this directive]
PFBlog logo

My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.
  Home | Feed: feed-icon.gif | About | Progress: June 07: $756,924 | Best of PFBlog | Product Reviews | PFBlog Digest | Disclaimer | Advertise | Contact Me

Progress with Fleet Balance Transfer

Contributed by mm | August 13, 2004 02:08 PM PST



A quick report-back on my progress in getting $12,000 free money from Fleet for one year thru its 0% APR balance-transfer offer:

First, Fleet has been very swift in processing my new card. I applied for the card on the 5th, and by 10th, I already saw the balance transferred to my credit card accounts at Citibank and MBNA. By 12th, I received the plastic in the my mailbox.

Second, my experience to get the cash from Citibank and MBNA is smooth too. For Citibank, the credit refund function is available online, and it takes around 48 hours for Citi to approve my credit refund request; a check should be en route to my home now. For MBNA, it takes a phone call of 6 minutes to get the credit refund and I was promised a check will be on my way in 7 days. (If I need to play with this 0% APR balance transfer again, I will definitely direct the money to Citi -- I always prefer online transactions.)null

Because I actively use both cards, and the balance transfer offset some of the balances from my purchases, I was able to get around $3,600 from Citi (vs a balance transfer of $4,000) and $6,800 from MBNA (vs a balance transfer of $8,000). Of course such offsetting will reduce my payment next month by the same amount.

Happy saving!

null

What do you think of this post? Be the first to share your opinions.
Similar Posts

Clever Wording from Fleet (And Shame on Me) (August 15, 2004)
In this web site, I often advocate careful fine-print reading. It appears that I still didn't spend sufficient time in fine prints and misread the terms in my recently discussed Fleet 0% APR balance transfer offer. Shame on me and kudos to Fleet's clever wording. Read
Small Balance Adjustment (August 14, 2004)
What is small balance adjustment? It's a well-kept small secret in the credit card business. If your credit card balance at statement date is a very small amount, the issuer will usually add a credit of the same amount so your statement will show no ... Read
HGW4 = 10% Off All Restaurant Bills (CFI) (August 07, 2004)
BusinessWeek is correct in predicting that a credit car war is imminent in its August 9 cover story. Actually, I can already feel it. Read
Free Money Still Abound (August 05, 2004)
Although I opened several credit accounts recently, I continued to receive at least three pre-approved credit card offers every week. Not many of them interest me in the last few weeks, but today comes a really exciting offer from Fleet: 0% APR on initial balance ... Read

Read all 54 articles in the same category.
Comments
Add Your Comments









Remember personal information?







Mail This Post
Email addresses will never be collected or sold.
Email this entry to:

Your email address:

Message (optional):




Read More ... 54 Posts In The Same Category

08/11/05 | How to Track (Multiple) Credit Card Promotions | (3)
03/23/05 | Citi Is Still ... Generous | (8)
02/28/05 | Your Free Credit Report, The Experian Way
12/29/04 | 5% Off Everything With Citi's Driver's Edge | (3)
12/03/04 | Free Credit Report: The TransUnion Flavor | (1)
12/01/04 | Fresh Taste of Truly Free Credit Report (Equifax) | (5)
11/02/04 | October 2004 Credit Score: TransUnion/659, Experian/744
09/30/04 | September 2004 Credit Score: TransUnion/635, Experian/732 | (1)
09/18/04 | $20 Bonus for BankOne's First Protect Program | (3)
09/13/04 | Doubling Up Credit Card Rewards | (1)
09/08/04 | TrueEarnings: The Better Amex/CostCo Card | (3)
08/28/04 | First Citi Credit Protector Rebate Check Received | (1)
08/25/04 | August 2004 Credit Score: TransUnion/734, Eloan/666
08/24/04 | $1,000 A Year Just By Picking The Right Card
08/24/04 | Close Encounters of The Third Kind
08/16/04 | 3 Bureau Credit Report and Score for $1 | (3)
08/15/04 | Clever Wording from Fleet (And Shame on Me) | (4)
08/14/04 | Small Balance Adjustment | (2)
08/07/04 | HGW4 = 10% Off All Restaurant Bills (CFI)
08/05/04 | Free Money Still Abound | (3)
07/28/04 | $126 Cash Rebate From Citi Received
07/23/04 | July 2004 Credit Score: TransUnion/719, Eloan/710
07/22/04 | $30,000 HELOC Closed | (1)
07/21/04 | My First No-Fee 0% APR Balance Transfer Offer (CFI) | (3)
07/17/04 | Getting United MileagePlus Visa Signature Card (13 Cards and Counting)
07/07/04 | Applying a Home Equity Line of Credit
06/27/04 | $100 Turns Out To Be $150 | (3)
06/23/04 | June 2004 Credit Score: TransUnion/730, Eloan/700
06/11/04 | Everything is Negotiable
05/26/04 | The 9th Card | (1)
05/25/04 | May 2004 Credit Score: TransUnion/704, Eloan/679
05/19/04 | Citi Dividend Card: Sweeter Deal After 9/1
05/14/04 | $15 Bait From Citi
04/29/04 | Refinancing Closed, Part II: A Sweet Deal
04/29/04 | Refinancing Closed, Part I: Closing Details
04/25/04 | April 2004 Credit Score: TransUnion/710, Eloan/675
04/21/04 | Citi Dividend Platinum Select Card: The First Statement
03/30/04 | Heading for Refinancing
03/26/04 | Citi Dividend Platinum Select Card Received
03/23/04 | Monthly Credit Score Update - February 2004 (+7 -> 691)
03/22/04 | 5 Year Interest Only LIBOR ARM | (2)
03/20/04 | Providian Sweetens the Deal
03/17/04 | Citi® Dividend Platinum Select® Card (CFI) | (1)
03/15/04 | Refinancing Now?
03/14/04 | MBNA, Increasing Credit Limit Every Three Months?
03/06/04 | Surpassed 20,000 Mark in MBNA Reward Program
02/23/04 | Monthly Credit Score Update - February 2004 (+11 -> 684)
01/24/04 | Monthly Credit Score Update - January 2004
12/29/03 | Monthly Credit Score Update - December 2003
12/10/03 | MBNA Silently Increased My Credit Limit, By A Bit
11/28/03 | Providian Increased My Credit Limit
11/23/03 | Monthly Credit Score Update - November 2003
10/25/03 | Monthly Credit Score Update - October 2003




This page was last rebuilt at February 11, 2006 05:02 AM.

PREMIUM SPONSORS

Car Loans
Dallas Bankruptcy Attorney
Personal Loans
Car Finance
Homeowner Loans
Cheap Car Insurance
Mortgages UK & CCJ Mortgage
Used Cars
Loans
Commercial Mortgages and Business Loans
Guaranteed Car Finance
Payday Loan
Personal Loan
Student Loan Consolidation.com
Secured Loans
Bad Credit Loans - Free Quote

  buy ad here ...


SITE REVIEWS

Low Cost Loans
Cheap Loans
Google
Web PFBlog

CREDIT CARD RECOMMENDATIONS

Citi Dividend Platinum
American Express Blue Cash
Citi Driver's Edge
Citi Premier Pass
Discover More Card
Starwood PReferred Guest Credit Card from American Express
Citi mtvU for College Students
One from American Express





WHAT I READ

WSJ
CNN Money
SmartMoney
Kiplinger
Morningstar


AFFILIATED BLOGS

Credit Card Guide
Auto Insurance Tips
Term Life Insurance
Reverse Mortgage Guide
Personal Loan Blog

Mutual Fund Talk
Debt Consolidation Tips
Easy Mortgage
Bankruptcy Blog
Smart Annuity

Universal Life Insurance
College Savings
Retirement savings
Car Loan Tips
Stock Option Trading

Health Insurance Guide
Long-Term Care
Become A Millionaire
ETF Investment
No Identity Theft

Homeowner Finance
Payday Loans
Hedge Fund Report
Personal Tax
Smart Travel

PFBlog Digest
Money Blog
Insurance Blog
Saving Advice

 

 


POWERED BY

Easy Web Hosting $6.95